Hi friends, hope you are well and welcome to the new update on Ethereum Classic (ETC). More than 1300% huge rally: On 21st March I shared an idea when the price action of Ethereum classic completed the formation of a bullish BAT against the Bitcoin and entered in the potential reversal zone of this harmonic bullish reversal pattern. Finally, the priceline...
Trend: Up Status: +3 (Bullish) Signal: B-Buy R/R : 1/2
The AUD has broken through the 200 EMA twice now in the last month. The 50 EMA is about to cross the 100 EMA too. The only way I see the AUD is heading, is down.
A Symmetric Triangle formation has occurred on the weekly charts. Above average high volume on breakout. Also price has been in an expanding formation since 11th May 2020. Price objective as per Triangle formation comes to 382.9 Other near term price targets are shown by green horizontal lines Rising ADX line + Bullish MACD crossover on weekly charts...
Hey friends, hope you are well, and welcome to the new update on Chainlink (LINK). Moved at the support of broadening formation: The price action of the Chainlink token has formed a big broadening formation on the weekly time frame chart. The formation of this pattern was started in July 2020. If we take a look at the weekly chart, then it can be observed that...
Contract - CME_MINI:NQU2021 - PR High: 14542.50 - PR Low: 14532.25 Evening Stats - Gap: = N/A - Session Open ATR: 162.48 - Volume: 14k - Open Int: 224k - Trend Grade: Bullish - From ATH: 0% (Rounded) Key Levels (Rounded - Think of these as a range) - Long: 14676 - Mid: 14104 - Short: 12530 Keep in mind this is not speculation or a prediction. Only a...
Lumber prices appeared to find a level of support at the psychologically imposing 700 handle, and MACD looks to be turning higher. However, the 20-day Simple Moving Average (SMA) is on track to complete a bearish crossover below its 200-day SMA. Is the six-week selloff coming to an end? The next big level of support lies near the 600 level, which underpinned...
Tweezer top formed at the top of downtrend line channel, confluence with MA 200 as a resistance
PLUG had an major pullback, but it seems the regression trend is over and the long trend already started strong. The fundamentals are stable and the risk/reward looks pretty good for a long position. Lets fill the gap!
DISCLAIMER: Trading Forex/Cryptocurrency involves risk and you may lose more money than you started with! These posts are not to be taken as financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT...
Hey friends, hope you are well and welcome to the new update on SushiSwap (SUSHI). Different support and resistance levels: Since November 2020 the price action of Sushi was very strong bullish. Finally, Sushi found the resistance at $22.5 and after being rejected to two times by this resistance level it has been dropped to $6 support level. Currently, the...
Hi friends, hope you are well and welcome to the new update on Matic Network. Support and resistance levels: The price action of the Matic Network was very strong bullish from Nov 2020 to May 2021. Finally, it found the resistance at 2.50 dollars and after being rejected by this resistance level the price action re-tested the support of $0.77 and moved up again...
Homebuilders have pulled back following a big rally. Now the chart could be lining up for another move to the upside. The Philadelphia Housing Index has been finding support at its 100-day simple moving average for the last two weeks. It’s also been holding a price zone around 460. That’s potentially significant because it was a peak on March 17 and then a...
XAUUSD is bullish for long term but bearish for short term